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L&T Technology Services bags $100 mn multi-year deal with US industrial equipment maker

India, Oct. 1 -- L&T Technology Services Limited announced a $100 million multi-year agreement with a US-based industrial equipment manufacturer in the semiconductor value chain, marking a major miles... Read More


Biocon Biologics to launch Bosaya™ and Aukelso™ in U.S. from October 1

India, Oct. 1 -- Biocon Biologics Ltd. announced a settlement and license agreement with Amgen Inc., clearing the way to commercialize its denosumab biosimilars Bosaya™ and Aukelso™ in the... Read More


Hi-Tech Pipes reports highest-ever sales volumes in Q2 and H1 FY26

India, Oct. 1 -- Hi-Tech Pipes Limited, a leading manufacturer of ERW steel pipes and related products, announced its highest-ever sales volumes for both the second quarter and the first half of FY26.... Read More


RMC Switchgears bags orders worth Rs 100 cr under RDSS in Rajasthan

India, Oct. 1 -- RMC Switchgears Ltd on Tuesday said it has secured two Letters of Award (LOAs) amounting to over Rs 100 crore for projects in Rajasthan under the Revamped Distribution Sector Scheme (... Read More


Rupee recovers 5 paise to 88.75 against US dollar

India, Oct. 1 -- The rupee inched up 5 paise to 88.75 against the US dollar in early trade on Wednesday, ahead of the Reserve Bank of India's monetary policy announcement. Forex traders said the curr... Read More


Wheels India eyes global growth in hydraulic cylinder business

India, Oct. 1 -- Auto-components maker Wheels India has entered into a technical agreement with South Korea's SHPAC (Shinhung Precision Machinery Co. Ltd) for technology transfer in hydraulic cylinder... Read More


RBI rolls out scheme to cut unclaimed deposits, incentivises banks

India, Oct. 1 -- The Reserve Bank of India (RBI) on Tuesday announced a year-long incentive scheme aimed at reducing the stock of unclaimed deposits. Launched under the 'Scheme for Facilitating Accel... Read More


Tata Motors to invest additional Rs 120 crore in Freight Tiger

India, Oct. 1 -- Tata Motors on Tuesday said it will infuse an additional Rs 120 crore into Freight Commerce Solutions (Freight Tiger), a leading digital freight platform. This follows its earlier in... Read More


Govt extends deadline for UPS option till Nov 30 amid muted response

India, Oct. 1 -- The Finance Ministry on Tuesday extended the deadline for central government employees under the National Pension System (NPS) to opt for the Unified Pension Scheme (UPS) by two month... Read More


SJVN commissions 128.88 MW solar capacity at Bikaner project

India, Oct. 1 -- State-run SJVN on Tuesday announced the commissioning of 128.88 MW solar capacity at its 1,000 MW Bikaner Solar Power Project in Rajasthan. With this addition, the project's cumulati... Read More